Category: NewsVoir

[Govt] ASDC at ACC Thondebhavi empowers rural women by transforming their careers with skill development


 


·         Adani Foundation’s Adani Skill Development Centre (ASDC) at ACC Thondebhavi plays a pivotal role in equipping young people with the essential skills needed to succeed.

·         Channamma KS, Gowthami GN, and sisters Vanaja GR and Nirmala GR are among the recent success stories of ASDC skill development programmes.

·         ASDC students are placed in noted corporate houses and multinational companies (MNCs), including Google, among others.

 

ACC, the cement and building material company of the diversified Adani Portfolio, continues to empower rural communities in Karnataka through upskilling. The Adani Foundation’s Adani Skill Development Centre (ASDC) at ACC Thondebhavi has been instrumental in equipping young people with the skills they need to thrive. Recently four inspiring success stories have emerged from this ASDC, demonstrating the transformative impact of its training programmes.


Channamma KS, a 36-year-old woman with a physical disability and speech disorder, faced several challenges in finding employment after completing her Bachelor of Arts degree. Relying on her farmer father, and her daily-wage labourer brother for support, Ms. Channamma’s life changed when she joined Saksham, ACC’s CSR upskilling initiative, and enrolled at ASDC Thondebhavi. After completing a three-month training there, she landed a job as a back-end executive at Google in Marathahalli, earning a monthly income of ₹ 15,000 with free food and accommodation. “I never imagined I would have this opportunity,” she said, adding, “ASDC gave me the skills and confidence I needed to succeed. I am so grateful as I can now support myself and my family.”


Gowthami GN had to discontinue her education after class 12 due to financial constraints. Her family, who relied on agricultural labour, often struggled to make ends meet. However, the future seems bright now as Gowthami joined ASDC Thondebhavi and enrolled in the Retail Sales Associate course. She secured a retail job with an annual pay package of ₹2.25 lakh upon completing her 2.5-month training. She said, “ASDC gave me the chance to learn new skills and build a better future for myself and my family. My parents are so proud of me.”


Sisters Vanaja GR and Nirmala GR were unable to continue their education after completing class 10. Their elderly parents, including their mother who suffers from chronic illnesses, depended on them for support. Recognising the need for skills and employment, they joined ASDC Thondebhavi’s Retail Sales Associate course in June 2023. As a result, they secured retail jobs upon the course completion. They now make a combined annual income of ₹4.51 lakh. The sisters excitedly said, “We are so grateful to ASDC for giving us this opportunity. We are now able to take better care of our parents and build a brighter future.”


ACC and the Adani Foundation’s initiatives via ASDC are highlighted through these success stories. They showcase how skill development can play a crucial role in empowering rural communities and fostering sustainable growth, while contributing to the country’s success.

Strata enters into a strategic partnership with India Land and Global Group, to explore new investment opportunities in Pune


Aims to raise more than Rs. 150 crore in Phase 1 from office space in Pune

·         The asset is over 120,000 square feet, and it expected to offer 12- 13% IRR and 8-9% entry yield

·         India Land and Global Group are well established Real Estate Developers with interests in Industrial, Retail Malls and Offices and have multiple projects spread across Maharashtra and Tamil Nadu

 

Strata, India's leading tech-enabled commercial real estate (CRE) investment platform, announced today its strategic partnership with India Land and Global Group, two of Maharashtra's leading commercial developers. This partnership will strengthen the asset supply for Strata increasing its presence across the region.

 

Through this partnership, Strata is planning to raise Rs.150+  crore in phase 1 for a Grade-A office asset in Pune's Hinjewadi. This strategic partnership with two key developers in the commercial real estate segment will enhance Strata's presence across Maharashtra and Southern India in the coming year. India Land and Global Group own multiple commercial properties spread across Maharashtra and Tamil Nadu.

 

Phase 1 of the Pune property is strategically located in Hinjewadi, covering an area of 120,000 square feet. It is expected to offer an Internal Rate of Return (IRR) of 12-13% and a rental yield of 8-9%. The location has become a thriving investment hub following the establishment of the Hinjewadi IT Park. It is situated in one of the most sought-after areas, surrounded by an unparalleled infrastructure ecosystem. Enjoying proximity to all major suburbs of Pune, Hinjewadi remains one of the region's most preferred areas.

 

The asset is part of IndiaLand, a prominent commercial real estate developer in Southern India. With premium assets across Mumbai, Pune, Coimbatore, and Chennai, it will strategically expand Strata's presence across Maharashtra and Tamil Nadu, offering fractional investments in commercial properties to a larger audience.

 

“We are excited about the strategic tie-up with IndiaLand and Global Group for our Hinjewadi Pune office property,” stated Sudarshan Lodha, Co-founder and CEO of Strata. ” Hinjewadi has always been on our radar as the fastest-developing region in Pune. With the backing of these esteemed partners and the investment opportunity we are presenting, we are confident in delivering value to our investors. By meeting the growing demand for top-notch office spaces in Pune, we will further strengthen our foothold and bring more premium investment opportunities for our investors,” he added.

In conjunction with IndiaLand, the Global Group is an esteemed industrial construction group specialising in various areas, including industrial park development, built-to-suit lease options, land acquisition, project management, and warehouse logistics. The company possesses over 10 million square feet of pre-leased industrial & commercial properties strategically located across Pune and beyond.

This strategic partnership combines the extensive experience, industry knowledge, and proven track records of Strata, IndiaLand, and Global Group. By leveraging their combined expertise, the partners aim to create a premier office property in Hinjewadi, Pune, catering to the evolving needs of the business community.

Mr. Salaikumaran, CEO, IndiaLand, commented, “Strata, being one of the most prominent proptech platforms, brings us great pleasure to associate with them. This partnership will help us extend this lucrative investment avenue to a larger investor pool and participate in their overall growth journey. This asset marks just the beginning of what we aim to introduce in the market in the near future.”

Mr. Harish Hingorani, Executive Director Global Group added, “This alliance is undoubtedly a significant step for us in opening the doors to larger retail investment in such a technical and closed-door sector. This collaboration will empower us by strengthening our resources and accelerating our growth. We would like to express our gratitude to Sudarshan and his team for this collaboration and have great confidence in a long journey ahead.”

 

SunSand Hotels partners with Greenie Energy to set up EV Charging stations in Mumbai & Shirdi

MUMBAI, India, Feb. 17, 2023 /PRNewswire/ — Greenie Energy today announced that it has partnered with Sun-N-Sand Hotels to set up 20 charging points at its Mumbai & Shirdi Hotels. Sun-N-Sand will scale up its EV charging infrastructure to 120 charging points over a period of 5 years to meet the growing requirement of EV charging facilities for its clients.

Sun-N-Sand Hotel partners with GREENIE ENERGY to set up EV Charging stations in Mumbai & Shirdi

Greenie Energy is an emerging electric vehicle (EV) charging company that provided EV charging stations on a subscription model (B2B2C) across India. Greenie Energy has charging stations across 6 cities in India. Greenie Energy's primary offering is a hardware solution that has the ability to convert any simple electric charging socket into an EV charging station. This hardware solution can be operated using Greenie's proprietary mobile application. Greenie Energy software provides the owner of any electric socket with the ability to monetize the same by converting it into an EV charging station, controlling who charges their EVs on the station, determining a billing rate, receiving payment from the EV user, and making a profitable venture out on the same. The company earns a monthly subscription fee along with a nominal service fee on every EV charging transaction. 

Arunabh Sinha, Vice President Sun-N-Sand Hotels, said, “Sun-N-Sand, over 6 decades, continues to prioritize customer experience and satisfaction, serving unparalleled hospitality. We keep up with the changing market norms to provide ease and modern comforts for our guests.

Over the years, India is witnessing a quick transition to Electric Vehicles, and shortly, the need for this green sustainable alternative will only increase. Foreseeing this evolving need, Sun-n-Sand Hotels proactively installs EV chargers to ensure our guests can relax without worrying about the battery life of their EV vehicles. It's a contribution towards clean energy through our charging infrastructure.”

Istayak Ansari, Director & Co-Founder, Greenie Energy, said, “Electric Vehicles are not just a trend but a future of personal transportation. Most of the well-known car manufacturers around the world have committed to ending the production of combustion engines within the next decade or so and switch the production to 100% electric vehicles.

Sun-N-Sand Hotels' EV charging facility will have a distinct service advantage for its clients, over their competitors. This means that frequent guests of Sun-N-Sand Hotels including family holidays, business trips, and other clients booking nightly accommodation will be able to recharge their vehicles. Sun-N-Sand will also benefit from EV charging infrastructure because their car parks are designed to accommodate a large number of vehicles including Guests, Hotel Staff and Hotel Transportation Vehicles.”

(Disclaimer: The above press release comes to you under an arrangement with PRNewswire India and this publication takes no editorial responsibility for the same)